IB
Union Calendar No. 125
112th CONGRESS
1st Session
H. R. 1539
[Report No. 112–196]
IN THE HOUSE OF REPRESENTATIVES
April 14, 2011
Mr. Stivers (for himself, Mr. Renacci, and Mr. Clarke of Michigan) introduced the following bill; which was referred to the Committee on Financial Services
August 12, 2011
Additional sponsor: Mr. Garrett
August 12, 2011
Committed to the Committee of the Whole House on the State of the Union and ordered to be printed
A BILL
To repeal section 939G of the Dodd-Frank Wall Street Reform and Consumer Protection Act and to restore Securities and Exchange Commission Rule 436(g) repealed by such section.
Short title
This Act may be cited as the
Asset-Backed Market Stabilization Act
of 2011
.
Restoration of rule relating to a certain exemption for rating agencies
Effective as of the date of enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Public Law 111–203), section 939G of such Act is repealed, and the regulation repealed by such section is restored or revived as if such section had not been enacted.
August 12, 2011
Committed to the Committee of the Whole House on the State of the Union and ordered to be printed